Sigma Labs Cloud-Based PrintRite3D® INSPECT® Software Version 2.0 Delivered to Siemens Industrial Turbomachinery AB
September 05 2017 - 8:00AM
Sigma Labs, Inc. (NASDAQ:SGLB) (“Sigma Labs” or the “Company”), a
provider of quality assurance software under the PrintRite3D®
brand, today announced that the Company's cloud-based PrintRite3D®
INSPECT® software Version 2.0 was recently installed at the
advanced additive manufacturing ("AM") facility operated by Siemens
Industrial Turbomachinery AB in Sweden
(https://www.siemens.com/innovation/en/home/pictures-of-the-future/industry-and-automation/additive-manufacturing-3d-spare-parts-gas-turbines.html).
As previously announced, Sigma Labs' cloud-based
PrintRite3D® INSPECT® software Version 2.0 has also been recently
installed at Woodward, Inc., and at Honeywell Aerospace, Phoenix,
AZ, in support of the Honeywell lead, DARPA Phase III -sponsored
Open Manufacturing Program, and will soon be installed at Solar
Turbines, a Division of Caterpillar in San Diego, CA.
“We are very pleased to continue building on the
momentum of growing installations and customers using our web-based
INSPECT 2.0 software,” said Mark Cola, President and CTO of Sigma
Labs. “Siemens Industrial Turbomachinery is a leading manufacturer
of land-based gas turbines and their incorporation of additive
manufacturing with our PrintRite3D® INSPECT® software Version 2.0
is a testament to the value of our technology in their continuing
efforts to further improve precision and quality in their additive
manufacturing activities.”
PrintRite3D® INSPECT® software Version 2.0 is
now available as a data API platform and allows for web-based
access to metal AM machines, providing users the ability to monitor
AM machines, and capture and record the entire build sequence. As
previously reported, Sigma Labs will soon be releasing a smart
device app for its PrintRite3D® INSPECT® software Version
2.0.
About Sigma Labs, Inc. Sigma
Labs, Inc. is a provider of quality assurance software under the
PrintRite3D® brand and a developer of advanced, in-process,
non-destructive quality assurance software for commercial firms
worldwide seeking productive solutions for advanced manufacturing.
For more information please visit us at
www.sigmalabsinc.com.
About Siemens Industrial Turbomachinery
ABSiemens Industrial Turbomachinery AB (SIT) provides the
world with gas turbines and gas turbine based solutions for a
sustainable and cost efficient production of electricity, steam and
heat. The turbines also work as movers for compressors and pumps,
predominantly in the oil and gas business. A complete service
organization covers all delivered products and solutions. SIT has
2,700 employees in Sweden and a total turnover of 10 billion
SEK.
Siemens Industrial Turbomachinery AB operates as
a subsidiary of Siemens Aktiengesellschaft.
Forward-Looking StatementsThis
press release contains “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
(which Sections were adopted as part of the Private Securities
Litigation Reform Act of 1995). Statements preceded by, followed by
or that otherwise include the words “believe,” “anticipate,”
“estimate,” “expect,” “intend,” “plan,” “project,” “prospects,”
“outlook,” and similar words or expressions, or future or
conditional verbs such as “will,” “should,” “would,” “may,” and
“could” are generally forward-looking in nature and not historical
facts. These forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the
Company's actual results, performance or achievements to be
materially different from any anticipated results, performance or
achievements. The Company disclaims any intention to, and
undertakes no obligation to, revise any forward-looking statements,
whether as a result of new information, a future event, or
otherwise. For additional risks and uncertainties that could impact
the Company’s forward-looking statements, please see the Company’s
Annual Report on Form 10-K (including but not limited to the
discussion under “Risk Factors” therein) filed with the SEC on
March 31, 2017 and which may be viewed at http://www.sec.gov.
Investor Relations Contact:
Bret Shapiro
Managing Director
CORE IR
561-479-8566
brets@coreir.com
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